Naperville Retail Strip Center
900-914 E Ogden Ave Naperville, IL
900-914 E Ogden Ave, Naperville, IL, 00000
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For Sale
Contact for pricing
6,830 SF multi-tenant retail strip center in Naperville, IL.
Property Size6,830 SF
Lot Size0.65 Acres
Price / SF$325.77
Days on Market359
Property Features for 900-914 E Ogden Ave
General Information
- Standard status
- Active
- Size
- 6,830 SF
- Lot size
- 0.65 Acres
- Property subtype
- RETAIL
Listing agency
Sands Investment Group (SIG) | Charlotte
(704) 498-8902
Listed by
Gary W. Berwick
(980) 729-5648
Source
Moodyscre
Added: Jul 28, 2025 Updated: Jul 10 at 11:52AM Checked: Jul 21 at 5:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group (SIG) | Charlotte
Investment Insights
Based on property information with market context.
The property available for sale is a 6,830 square foot multi-tenant retail strip center located at 900-914 Ogden Avenue in Naperville, IL. Gerber has been an occupant of the center since 2003. The property includes a value-add component with one month-to-month tenant. The lease includes annual rental increases of two percent and tenants pay sixty percent of expense pass-throughs.
Key Highlights
- Gerber has occupied the center since 2003, indicating stability
- Value‑add component with one month‑to‑month tenant
- Annual rental increases of two percent (2%)
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.5k | $14.28 |
| − Vacancy | −$7.6k | −$1.11 |
| EGI | $89.9k | $13.17 |
| − OpEx | −$27.0k | −$3.95 |
| NOI | $62.9k | $9.22 |
6,830 SF · lease $14.28/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$899.2K
$786.8K – $1.05M
NOI $62,947 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,918 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Strip malls
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - 6,830 SF multi-tenant retail strip center in Naperville, IL.
Where is this strip mall located?
The property is located at 900-914 E Ogden Ave Naperville, IL.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: Gerber has occupied the center since 2003, indicating stability; Value‑add component with one month‑to‑month tenant; Annual rental increases of two percent (2%)
